Is Kennedy, NY 14747 a buyer’s or seller’s market?
Kennedy is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Kennedy housing market right now
In the three months ending August 31, 2026, 0% of homes in Kennedy, NY 14747 sold above their list price, the typical home went under contract in 12 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (6 days then) and the median sale price rose 23% to $159,625. Overall, Kennedy is less competitive than a year ago, which gives buyers more room.
Within Chautauqua County, homes here sell faster than in 70% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Chautauqua 14722 (67% sold over asking) and Portland 14769 (67% sold over asking) are even more competitive.
Run the numbers for 14747
Nearby markets
Ashville 14710Buyer’s market $209 /sq ftBemus Point 14712Balanced $190 /sq ftBrocton 14716Buyer’s market $104 /sq ftCassadaga 14718Seller’s market $154 /sq ft Browse all markets →Towns like Kennedy nearby
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Questions about Kennedy real estate
Is Kennedy a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Kennedy, NY 14747 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Kennedy?
The typical home went under contract in 12 days in the latest three months.
Do homes in Kennedy sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.9% of the list price.
What are property taxes in Kennedy?
About 2.27% of a home’s value a year in Chautauqua County, or roughly $9,080 on a $400,000 home.
What is the median home price in Kennedy?
The median sale price was $159,625 in the three months ending August 31, 2026, about $151 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology